{"id":101517,"date":"2020-06-29T04:00:36","date_gmt":"2020-06-29T08:00:36","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=101517"},"modified":"2020-06-29T06:03:28","modified_gmt":"2020-06-29T10:03:28","slug":"103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/","title":{"rendered":"EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-euro-live-exchange-rate\/\">Euro<\/a> (EUR) advances although gains could be limited on covid-19 resurgence concerns<\/strong><\/li>\n<li><strong>Economic data continues to show signs of improvement, economic sentiment and inflation figures up next<\/strong><\/li>\n<li><strong>US Dollar declines as risk sentiment see saws and reopening plans in some states halt. Important week for US data.<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-to-usd-exchange-rate-today\/\">Euro US Dollar exchange rate<\/a> rises above US$1.1250<\/strong><\/li>\n<\/ul>\n<p>The Euro is heading northwards at the start of the week, adding to 0.3% gains from the previous week. The Euro US Dollar exchange rate settled on Friday at US$1.1219.<\/p>\n<p>At 07:15 UTC, EUR\/USD is trading +0.35% at US$1.1258 at the top end of the daily traded range as inflation data and economic sentiment figures are in focus.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-to-usd-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time EUR to USD exchange rate<\/span><\/a><\/div>\n<p>Spanish inflation printed at +0.5% month on month in June, ahead of the 0.2% forecast. The upbeat reading comes ahead of German consumer price data which is due shortly and is expected to show a 0.3% increase month on month. However, on an annual basis inflation is expected to increase just 0.6%, well below the target 2%.<\/p>\n<p>The data comes after European Central Bank policymaker Isabel Schnabel warned that eurozone inflation could dip below 0%.<\/p>\n<p>Any gains in the Euro could be limited as risk sentiment remains weak. Whilst economies across the region continue to reopen, localised flare ups in covid-19 numbers are also a concern. European equities are trading lower.<\/p>\n<p>Usually the US Dollar moves higher when risk sentiment is under pressure, as investors seek out its safe haven properties. Today the US Dollar is lower as risk sentiment see saws. Fears of a resurgence of covid-19 cases circulate as California\u2019s Governor ordered the shutdown of bars across 7 counties including Los Angeles. He also recommended similar action across a further 8 counties. As states reconsider or slow their reopening plans, investors are weighing up the impact that this could have on the economic recovery.<\/p>\n<p>On a positive note and boosting risk sentiment, data from the national bureau of statistics in China revealed that Chinese factories returned to profit for the for the first time in 6 months in May as the world\u2019s second largest economy continues to reopen.<\/p>\n<p>On the domestic data front, US pending home sales will be in focus, ahead of PMI data and non-farm payroll figures later in the week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Euro (EUR) advances although gains could be limited on covid-19 resurgence concerns Economic data continues to show signs of improvement, economic sentiment and inflation figures up next US Dollar declines as risk sentiment see saws and reopening plans in some states halt. Important week for US data. Euro US Dollar exchange rate rises above US$1.1250 [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":3103,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[2430,2335,1395,1393,1387,1397,1398],"class_list":{"0":"post-101517","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-california","10":"tag-covid-19","11":"tag-eur","12":"tag-euro","13":"tag-inflation","14":"tag-us-dollar","15":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data\",\"datePublished\":\"2020-06-29T08:00:36+00:00\",\"dateModified\":\"2020-06-29T10:03:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/\"},\"wordCount\":409,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100553-gbp-eur-trade-war-hits-germany.jpg\",\"keywords\":[\"California\",\"covid-19\",\"eur\",\"euro\",\"Inflation\",\"us dollar\",\"usd\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/\",\"name\":\"EUR\\\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100553-gbp-eur-trade-war-hits-germany.jpg\",\"datePublished\":\"2020-06-29T08:00:36+00:00\",\"dateModified\":\"2020-06-29T10:03:28+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100553-gbp-eur-trade-war-hits-germany.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100553-gbp-eur-trade-war-hits-germany.jpg\",\"width\":725,\"height\":400,\"caption\":\"GBP\\\/EUR: Euro Slips vs Pound As Trade Wars Hit Germany\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EUR\\\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data","datePublished":"2020-06-29T08:00:36+00:00","dateModified":"2020-06-29T10:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/"},"wordCount":409,"image":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100553-gbp-eur-trade-war-hits-germany.jpg","keywords":["California","covid-19","eur","euro","Inflation","us dollar","usd"],"articleSection":["EUR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/","url":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/","name":"EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100553-gbp-eur-trade-war-hits-germany.jpg","datePublished":"2020-06-29T08:00:36+00:00","dateModified":"2020-06-29T10:03:28+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100553-gbp-eur-trade-war-hits-germany.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100553-gbp-eur-trade-war-hits-germany.jpg","width":725,"height":400,"caption":"GBP\/EUR: Euro Slips vs Pound As Trade Wars Hit Germany"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103502-eur-usd-euro-pushes-over-1-1250-ahead-of-german-inflation-data\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"EUR\/USD: Euro Pushes Over $1.1250 Ahead of German Inflation Data"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100553-gbp-eur-trade-war-hits-germany.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=101517"}],"version-history":[{"count":3,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101517\/revisions"}],"predecessor-version":[{"id":101533,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101517\/revisions\/101533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/3103"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=101517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=101517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=101517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}